Michael E. Schroer – Renaissance Investment Mgmt

MICHAEL E. SCHROER is President and Chief Investment Officer of
Renaissance Investment Management. He joined the company in 1984 as
Director of Research. He has 18 years of investment experience.
Currently as Chief Investment Officer for the Firm, Mr. Schroer
supervises the management and direction of the firm's investment
research efforts as well as determining overall portfolio strategy. He
is a member of the firm's Management Group. Prior to Renaissance, he
served as a portfolio manager with First of America Bank. Mr. Schroer is
a graduate of the University of Cincinnati and the Indiana University
Graduate School of Business. Profile

TWST: Why don't you start with a description or profile of your firm and

your responsibilities at that firm?

Mr. Schroer: Renaissance has been in business since 1978, and this year